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  3. Hydrogen Generator Market

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Hydrogen generators are majorly divided into two segments by product type: on-site generation and portable hydrogen generators. An on-site hydrogen generator is a unit installed directly at a consumer site to produce hydrogen. Technology pertaining to on-site hydrogen generator varies with the choice of feedstock. Portable hydrogen generators are small-sized hydrogen generators widely used to charge electronic devices and as a power backup system. Hydrogen is generated at 13.8 bar/200 psi pressure without a compressor with a purity of 99.9995% constantly and without operator intervention. Hydrogen generators provide reliable and low-cost hydrogen and increase security and safety by eliminating cylinder handling, hydrogen storage, and routine hydrogen delivery. 

Steam reformer and electrolysis are some of the major process type used to produce hydrogen. Additionally, steam reformer is one of the most dominant technology employed in large-scale hydrogen production using natural gas, naphtha, kerosene, or LPG as a feedstock. Hydrogen generators are used majorly in the residential, commercial, military, industrial, and other sectors. Due to cost-effectiveness of these generation units, customers prefer purchasing on-site hydrogen generator over purchasing hydrogen.  

The U.S. Department of Energy (DOE) considers steam reformer process type as a short-term solution to meet the demand for hydrogen, due to its incapability to significantly reduce greenhouse gas emissions. The DOE is focusing more on electrolysis process type in order to produce hydrogen gas. Electrolysis and hydrogen deliveries are considered to be the major competition for steam reformer process type. Most of the hydrogen consumers are basically located at remote areas, facing the primary issues of hydrogen purity and delivery and hence are opting for on-site and portable hydrogen generators. 

Growth in the hydrogen generator market is driven by the need for adoption of cleaner fuel sources, high electricity demand, excess depletion of fossil fuels and stringent regulatory norms to minimize carbon emissions. Rapid rise in the industrial application of hydrogen gas is expected to boost the demand for hydrogen generators globally. However, distribution and transportation challenges associated with hydrogen coupled with the high cost of hydrogen as against fossil fuels may restrain growth of the hydrogen generator market

The hydrogen generator market has been segmented in terms of product type, process type, application, capacity, and geography. By product type, the hydrogen generator market has been segmented into on-site generation and portable. By process type, the market has been segmented into steam reformer, electrolysis, and others. By application, the market has been segmented into chemical processing, fuel cells, petroleum recovery, refining, and others. By capacity the market has been segmented into 1-100 W, 100-300 W, 300-700W, 700W-1 KW, 1-3KW, and 3KW and above. On-site generation product type held the largest share (72.86%) in 2015. By process type, steam reformer held the largest share i.e. (89.53% and 89.24%) for on-site and portable hydrogen generators respectively in 2015. By application, chemical processing held the largest market share (57.81%) in 2015, whereas, by capacity, 3KW and above held the largest market share (38.69%) in 2015. In terms of geography, the hydrogen generator market has been segmented into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. North America, held the largest market share (38.67%) followed by Europe (36.12%) in 2015.

Hydrogen production through steam reformer, which employs natural gas as a feedstock is the most cost-effective method for delivering hydrogen to consumers. Requirement of increased productivity of hydrogen and demand for higher quality hydrogen generators are some of the factors that are driving the hydrogen generator market.  Furthermore, these factors are expected to boost the preference for on-site generation over hydrogen cylinders or hydrogen plants. Key players in the on-site hydrogen generator market include Air Liquide S.A., Air Products and Chemicals, Inc., Epoch Energy Technology Corporation, Hy9 Corporation, Hydrogenics Corporation, Idroenergy S.R.L., Linde AG, McPhy Energy S.A., Proton OnSite, Inc., and Praxair Technology, Inc

This research study analyzes the market for hydrogen generator in terms of revenue (US$ Mn). The hydrogen generator market has been segmented on the basis of product type, process type, application, and capacity. For the research, 2015 has been taken as the base year, while all forecasts have been given for the period from 2016 to 2024. Market data for the segments including product type, process type, application, and capacity have been provided from 2014 to 2024. The report provides a broad competitive analysis of companies engaged in the hydrogen generator business.

The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the hydrogen generator market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive analysis of the hydrogen generator market with the help of Porter’s Five Forces model. This analysis helps in understanding the five major forces that affect the market structure and market profitability. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.

The high-level analysis in the report provides detailed insights into the hydrogen generator business globally. There are currently numerous drivers of the market. Some of the most prominent drivers are availability of low-cost natural gas feedstock and higher hydrogen purity percentage. Market attractiveness analysis was carried out for the hydrogen generator market on the basis different regions. Market attractiveness was estimated on the basis of common parameters that directly impact the hydrogen generator market

Increasing demand for energy and rising cost of fossil fuels are likely to propel the demand for hydrogen generators. Rise in adoption of hydrogen generators in residential, commercial, military, industrial, and other sectors is anticipated to drive growth of the hydrogen generator market. The methods of hydrogen generation include steam forming of methane and natural gas and electrolysis process. Low prices of natural gas and ease of availability are expected to augment the hydrogen generator market.

On-site and portable hydrogen generators are likely to eliminate or reduce problems associated with transportation and delivery of hydrogen. Furthermore, on-site generation also lowers the cost of hydrogen generation as against merchant generation. Growth in the hydrogen generator market is driven by the need for adoption of cleaner fuel sources, high electricity demand, excess depletion of fossil fuels and stringent regulatory norms to minimize carbon emissions. Rapid rise in the industrial application of hydrogen gas is expected to boost the demand for hydrogen generators globally. However, distribution and transportation challenges associated with hydrogen coupled with the high cost of hydrogen as against fossil fuels may restrain growth of the hydrogen generator market. With the increasing number of refineries and petrochemical complexes coming up, the hydrogen generator market is likely to pick up in the future.

The hydrogen generator market has been segmented in terms of product type, process type, application, capacity, and geography. By product type, the hydrogen generator market has been segmented into on site generation and portable. By process type, the market has been segmented into steam reformer, electrolysis, and others. By application, the market has been segmented into chemical processing, fuel cells, petroleum recovery, refining, and others. By capacity the market has been segmented into 1-100 W, 100-300 W, 300-700W, 700W-1 KW, 1-3KW, and 3KW and above. Key players in the on-site hydrogen generator market include Air Liquide S.A., Air Products and Chemicals, Inc., Epoch Energy Technology Corporation, Hy9 Corporation, Hydrogenics Corporation, Idroenergy S.R.L., Linde AG, McPhy Energy S.A., Proton OnSite, Inc., and Praxair Technology, Inc.

The hydrogen generator market has been segmented as follows:

Hydrogen Generator Market: By Product Type

  • On-Site Generation
  • Portable

Hydrogen Generator Market: By Process Type

  • Steam Reformer
  • Electrolysis
  • Others

Hydrogen Generator Market: By Application

  • Chemical Processing
  • Fuel Cells
  • Petroleum Recovery
  • Refining
  • Others

Hydrogen Generator Market: By Capacity

  • 1-100 W
  • 100-300 W
  • 300-700W
  • 700W-1 KW
  • 1-3KW
  • 3KW and above

Hydrogen Generator Market: By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
  • South & Central America
    • Brazil
    • Rest of South & Central America